Caribbean nations are now better positioned to secure millions in climate grant financing aimed at strengthening national resilience and supporting locally-led responses to economic and non-economic losses and damages caused by climate-induced extreme and slow-onset events.
According to Antigua Observer, this development follows a recent workshop co-hosted by the Caribbean Development Bank (CDB) and the Fund for Responding to Loss and Damage (FRLD).
The initiative is designed to help participating countries navigate the processes required to access critical climate finance, equipping government representatives and stakeholders with the knowledge and tools needed to submit competitive proposals and meet eligibility requirements.
The collaboration between the CDB and the FRLD reflects a growing recognition that Caribbean nations — among the world's most climate-vulnerable regions — require dedicated support to unlock available international funding mechanisms. The region faces persistent threats from hurricanes, flooding, sea-level rise, and other climate-related hazards that continue to inflict significant economic and social costs.
As reported by Antigua Observer, the workshop forms part of a broader effort to ensure that Caribbean countries are not left behind in accessing the emerging landscape of climate finance, particularly funds specifically targeting loss and damage — a category of climate impact that goes beyond what adaptation measures alone can address.
